FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGB/Gilt - Holding onto gains

BONDS
  • EGBs and Bund remains underpinned this afternoon, as Govies continues to unwind from the multi year high yield.
  • Bund has so far found a near term top ahead of the 1% level.
  • Peripheral spread are a touch tighter, but mostly trading close to flat against the German 10yr.
  • The most notable spread was the Greek/Bund which widened by more than 14bps at one point of the session, but has reversed, and now sits just 3.3bps wider.
  • Gilts has traded inline with Germany, albeit just 0.7bp tighter sop far today.
  • Looking ahead, ECB's de Cos speaks at event in Gibraltar, but most of the attention is on the EU CPI release on Friday.
  • Gilt futures are up 0.23 today at 119.41 with 10y yields down -2.2bp at 1.817% and 2y yields down -3.2bp at 1.513%.
  • Bund futures are up 0.31 today at 155.20 with 10y Bund yields down -1.4bp at 0.821% and Schatz yields up 0.3bp at 0.142%.
  • BTP futures are up 0.42 today at 132.73 with 10y yields down -2.0bp at 2.555% and 2y yields up 0.9bp at 0.534%.
  • OAT futures are up 0.13 today at 147.61 with 10y yields up 0.4bp at 1.314% and 2y yields down -0.2bp at 0.162%.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.